Setting up an SMSF?

Even before you ask how to set up a self managed super fund (SMSF), it’s more important to work out if an SMSF is right for you. Because it may not be right for everyone.

Of course, an SMSF could be the right structure if you’re looking for more control and flexibility over your future savings. But it’s still important to make sure you understand the work and expertise it will take to make your SMSF a success.

What you need to know before setting up an SMSF

Watch this video, where our Head of Advice Nerida Cole shares her thoughts on:

why SMSFs have been growing in popularity

how much work is involved to set up and manage an SMSF

what your responsibilities are as a trustee if you want to manage all your taxation obligations

what are some of the risks involved in relation to maintaining your SMSF

what support is available if you want to outsource some of the work

who could consider setting up an SMSF

what the future may look like for SMSFs in Australia.

Here’s what you need to consider before you set up an SMSF (10-minute video with Nerida Cole).*

*This video was first published by an unrelated third party and not Dixon Advisory & Superannuation Services Limited. This video may contain general financial advice and was prepared without taking into account your objectives, financial situation or needs. Before acting on any advice, you should consider whether the advice is appropriate to you. Seeking professional personal advice is always highly recommended. Any forward-looking statements are based on current expectations at the time of writing. No assurance can be given that such expectations will prove to be correct.

Where the video refers to a particular financial product, an investment in the financial product is subject to various risks and you should obtain a copy of the relevant product disclosure statement or offer document before making any decision in relation to the product. Past performance is not an indicator of future performance.

Have you considered an SMSF support service as a better alternative to DIY?

An SMSF doesn’t have to be DIY. By partnering with Dixon Advisory, we can help relieve some of the burden of managing an SMSF on your own.

Here are some of the reasons to consider partnering with us:

You have options
The first step is considering all the options available. We’ll be honest with you and can assist you in working out whether an SMSF is an appropriate structure to help grow and manage your wealth, or whether your savings may be better suited to another super fund.

Tailor your fund
Set up your SMSF in a way that suits you. Our expert advisers will help ensure your SMSF’s structure and investments are tailored to your lifestyle goals.

Be guided by our leading experts
You’re not alone in your decision-making. Not only can you access the expertise of our highly experienced Investment Committee, but you have access to a team of investment and financial specialists who are currently helping more than 8,000 members to manage their wealth.

Have a proactive service partner
It’s challenging to stay on top of market shifts and legislative changes. Let us help. While you’ll still be responsible for your SMSF, our team will make sure you’re kept up to date with the latest developments and opportunities. It’s part of the proactive approach we take to help you look after your fund.

If you would like to explore your options further, why not meet with one of our directors to discuss how we can help you reach your financial goals.

Discover if self managed super is right for you*

Find out how we can help you achieve your retirement goals by talking to one of our SMSF directors.

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*The information provided will be factual information or general advice and suitable for individuals or families with combined retirement assets of more than $300,000. It has been prepared without taking into account your personal objectives, financial situations or needs. Fees and charges may apply to any services or advice provided following any initial free consultation.

The information on this website is general in nature only. It has been prepared without taking into account your personal objectives, financial situations or needs. You should seek personal financial advice which considers your objectives, financial situation and needs before making any financial or investment decision. Where the website refers to a particular financial product, you should obtain a copy of the relevant product disclosure statement or offer document before making any decision in relation to the product.